Han intends to invest nearly 30 billion to support the OLED lighting industry

According to South Korean media reports, the recent South Korean Ministry of commerce industry (MOTIE) announced the launch of a OLED lighting industry to support the plan, called "OLED lighting industry cluster construction project, the project will open at the end of September 2014, for a period of five years, plans to invest the amount of 22 billion won (about 133 million yuan).

The report shows that South Korea plans to supply chain network through the upstream and downstream of the OLED industry to promote industrial development, and enhance the global competitiveness of the industry. The scope of the project includes OLED materials, light sources, components and modular systems.

To encourage the commercialization of OLED products, the project also supports OLED lighting technology and product testing and evaluation, and set standards at home and abroad, including the performance, safety and evaluation of OLED lighting products.

In addition, the government may increase the project investment of about 25%, that is to say, the total investment amount of the project up to 30 billion won (about RMB 181 million yuan), of course, this also depends on the number of participating manufacturers.

For more information about LED, please click on China LED network or pay attention to WeChat public account (cnledw2013).